Hoping for luck on the West Side, billionaire developer Stephen Ross and affiliates are rolling the dice and preparing to bid on a plan to license New York City’s first casino.
It hopes to set up Blackjack at Hudson Yards next to the Javits Center and has partnered with Wynn Resorts to open the neighboring Western Yards section between W30th and W33rd Streets and 11th and 12th Avenues. plans to build a full-service casino in (Bloomberg). .
“Western Yard provides an ideal location for a resort destination that will revitalize the tourism economy and generate billions of dollars in tax revenue for the city and state,” Relate CEO Jeff Blau said in a statement. do.
Craig Billings, CEO of Wynn Resorts, said: “We look forward to engaging with the community and hearing their expectations for our development.”
The area, which will be part of the Western Railyards phase of Related’s $25 billion Hudson Yards development, boasts rare open space large enough to house a working casino in Manhattan. . Casino executives and real estate moguls are clamoring to claim space after legislators approve up to three casino licenses in the New York City area (according to The New York Times).
If Ross wants to open his first full-service Big Apple casino (currently the closest facility is Resorts World on the Aqueduct racetrack in Queens, which only offers video slot machines), he’s looking for other billionaires must be defeated. According to The New York Times, Mets owner Stephen Cohen has his own plans to build a casino adjacent to Citi Field, in partnership with Hard Rock Resort and Casino, and will offer another option to spend money on Mets fans. We provide a method.
While casino license approval is likely not finalized until early next year, the next step in the process for developers is the offices of Gov. Legislators, Members of Congress, State Senators (for Hudson Yards, Eric Botcher, Richard Gottfried’s successor, Brad Hoilman).
While Mayor Adams’ office has voiced its support for New York City’s casino industry, state senator Brad Hoyleman told The New York Times: interest. ”
The Western Yards and Hudson Yards areas are also facing some setbacks. In addition to failed bids for an Olympic and New York Jets football stadium, the once-dramatic plan to fill up 220 acres of the Hudson River with a landfill to create the multi-purpose Westway project has resulted in high costs and environmental concerns. For reasons he was canceled in 1985. Ross himself has recently faced backlash against a Western takeover, convincing James Dolan and the team at Madison Square Garden to move the hallowed venue to Hudson Yards (and above the yet-to-be-approved casino). Couldn’t. Right now, the gaming complex still seems like quite the gamble.
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